Market Report for the week ending 8th May 2020 Crested Capital: First Floor of Impala House, Plot 13/15 Kimathi Avenue - P.O. Box 31736, Kampala (Uganda) - Tel +256 414 230 900, Hotline +256 758 230 900

E mail: [email protected], www.crestedcapital.com

Price Previous Week Percentage 12-Month 12-Month Volume Traded Av. Market Cap STOCKS Symbol Turnover (UGX) DPS (Ugx) Dividend Yield % EPS (Ugx) P/E ratio (Ugx) (Ugx) Change High Low (No. Shares) (Ugx Bn) LOCAL LISTINGS British American Tobacco Uganda BATU 30,000.00 30,000.00 0.00% 30,000.00 30,000.00 - - 319.52 1.07% 319.52 93.89 1,472.40 Bank of Baroda Uganda BOBU 115.00 121.33 -5.22% 145.00 115.00 26,700 3,077,500 10.00 8.70% 20.23 5.68 298.00 DFCU Limited DFCU 645.00 645.00 0.00% 700.00 624.00 - - 40.00 6.20% 98.11 6.57 482.55 CiplaQCIL CQCIL 101.00 101.00 0.00% 170.00 100.00 3,000 303,000 - - 1.86 54.30 368.84 NIC Holdings NIC 9.00 9.00 0.00% 14.00 9.00 45,621 410,589 - - - - 12.74 New Vision Ltd NVL 315.00 315.00 0.00% 334.00 315.00 - - 25.00 7.94% 27.83 11.32 24.10 Stanbic Uganda Holdings Limited SBU 24.00 24.00 0.00% 30.00 23.00 5,016 120,384 2.15 8.96% 5.06 4.74 1,228.53 Uganda Clays Ltd UCL 9.00 9.00 0.00% 16.34 9.00 10,000 90,000 - - - - 8.10 Umeme Ltd UMEM 245.00 245.00 0.00% 300.00 182.00 10,000 2,450,000 41.30 16.86% 85.67 2.86 397.85 CROSS LISTINGS Centum Investments CENT 955.40 848.93 12.54% 1,423.60 731.03 - - 44.40 4.65% 180.19 5.30 624.44 East African Breweries Ltd EABL 6,399.23 5,727.60 11.73% 8,080.05 4,914.99 - - 277.50 4.34% 419.95 15.24 4,971.45 Equity Group Holdings EBL 1,425.04 1,307.14 9.02% 2,007.50 1,163.79 - - 91.25 6.40% 216.45 6.58 5,325.24 Jubilee Holdings Ltd JHL 9,509.21 9,625.92 -1.21% 15,334.00 9,025.00 - - 333.00 3.50% 2,151.18 4.42 621.03 Airways KA 43.38 32.32 34.22% 183.55 30.49 - - - - 37.37 1.16 211.95 KCB Group Ltd KCB 1,407.11 1,289.38 9.13% 2,007.50 1,222.07 - - 127.75 9.08% 296.02 4.75 4,270.95 NMG 770.78 760.13 1.40% 2,169.20 755.36 - - - - 159.75 4.82 144.04 Uchumi Supermarkets UCHM 10.76 9.59 12.20% 25.99 9.03 - - - - (227.76) (0.05) 3.62 REGIONAL LISTINGS Price (Kshs) Price (Kshs) DPS (Kshs) Dividend Yield % EPS (Kshs) P/E ratio Safaricom SAFCOM 28.90 29.00 -0.34% 32.90 24.35 1.40 4.84% 1.78 16.24 British American Investments BRIT 6.76 6.60 2.42% 9.94 6.00 0.25 3.70% 1.41 4.79 Securities Exchange NSE 9.36 9.34 0.21% 13.05 8.84 0.08 0.85% 0.30 31.20 Price (Rwf) Price (Rwf) DPS (Rwf) EPS (Rwf) P/E ratio Bank Of Kigali BOK 260.00 260.00 0.00% 278.00 243.00 14.40 5.54% 41.40 6.28 Bralirwa BLR 138.00 138.00 0.00% 147.00 138.00 - - 1.16 118.97 Crystal Telecom CTL 70.00 70.00 0.00% 80.00 50.00 1.04 1.49% 5.51 12.70 Totals 100,337 6,451,473 7.06% 14.77 20,465.83

Current Prv. Wk. 1-YR Ago 1,900 USE ALSI* 1,466.84 1,362.06 1,759.41 USE ALSI INDEX - 12 months chart

USE LSI** 340.26 341.63 382.62 1,850 NSE 20 Index 2,041.22 1,967.19 2,790.98 Crested-9 Index 117.17 117.60 137.38 1,800 FOREX RATES U.S. Dollar (USD) 3,792.08 3,786.42 3,770.00 Kenya Shilling (KSH) 35.79 35.28 37.00 1,750 Rwanda Franc (Rwf) 3.98 3.99 4.15

1,700 *(All Share Index i.e. both local and cross-listed companies) **(Local Share Index) 1,650

DEALER'S REPORT 1,600 Weekly trading improved with a volume of 100,337 shares exchanged and turnover increasing to Ugx6.45Mn 1,550 ($1,700) compared to Ugx0.28Mn ($75) last week. Bank of Baroda moved the most value of Ugx3.08Mn ($810) traded from 26,700 shares, Umeme dealt Ugx2.45Mn ($646) from 10,00 shares, NIC Holdings moved 45,621 1,500 shares for Ugx410,589 ($108), CiplaQCiL 3,000 shares with a turnover of Ugx303,00. Stanbic Uganda also 1,450 moved 5,016 shares for Ugx120,384 ($32) while Uganda Clays had 10,000 shares trading with a value of

Ugx90,000 ($24). The All Share Index (ALSI) gained 104.78 points or 7.69% to 1466.84 at the close of the week 1,400 despite retreating from a week high of 1496.49. The rally on the index was driven by a bullish run on nearly all 1,350 the cross listed counters except for Jubilee Holdings which shed 1.21% of its value. Kenya Airways led the gainers rising 34.22%, Centum Investments gained 12.54%, Uchumi supermarkets increased 12.20%, East 1,300

African Breweries (EABL) 11.73%, KCB Group 9.13%, Equity Group 9.02% and Nation Media Group by 1,250 1.40%. Among the local listings, Bank of Baroda’s price dropped 5.22% while the other counters were unchanged. The C9 closed the week down 0.37% to 117.17, a new low this year.

Definitions of Key Terms Volume: is the number of shares of the company traded on the stock market during a given period of time (a week in our case). DPS: (Dividend per Share) is the total dividend paid out over an entire year (including interim dividends, but excluding special dividends) divided by the number of outstanding ordinary shares. Turnover: is the volume multiplied by the weighted average price of the company (as of Friday). It gives you the total amount (in UGX) P/E Ratio: is a valuation ratio of the company's current share price compared to its earnings per share. traded on a particular stock (for example Stanbic). EPS :(Earnings per Share)is a measure of the annual net profit per share outstanding. It's an indicator of the company profitability Average Market Capitalization: is the total Shilling value of all company's outstanding shares. Its calculated as company's shares outstanding x average (weekly) market price of it's share. It gives the Dividend Yield : Dividend yield ratio shows the amount of dividends that a company pays to its investors in comparison to the market company's size and market value. price of its stock

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